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Fresh Breakouts and Leaning Bullish | Cabot Weekly Review

In this week’s video, Mike Cintolo talks about another round of market ups and downs this week. He still sees many stocks (some growth, some outside of growth) acting well, including a good number of fresher names that have broken out within the last four to six weeks, while the major indexes found support near the key 10-week line. But the chop factor is still with us, with many titles moving sideways and with more starting to crack near-term support. All in all, Mike is leaning bullish as the evidence is mostly bullish and sees some good buys, but isn’t flooring the accelerator as the crosscurrents are pushing things around. If you don’t already subscribe to Mike’s Cabot Growth Investor, here’s your chance to get in at a special price—for new subscribers only!

Stocks Discussed: ALNY, ARGX, BBIO, RDDT, ALAB, GLW, MDB, PSTG, WYNN, DHI, RKT, FTI, NVDA, SNOW

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A growth stock and market timing expert, Michael Cintolo is Chief Investment Strategist of Cabot Wealth Network and Chief Analyst of Cabot Growth Investor and Cabot Top Ten Trader. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides, which has helped Cabot place among the top handful of market-timing newsletters numerous times.